How much extra millions of workers are getting from July | The company | ABC News

The Fair Work Commission has announced Australia’s minimum wage and award wages will increase by 3.75 per cent, taking the national minimum wage to $24.10 per hour or $915.91 per week from July 1. Overall, the FWC estimates the increase to minimum and award wages will affect “about a quarter of all Australian employees”. In … Read more

When will the Reserve lender cut borrowing charge rates? | The company | ABC News

The Reserve lender has left borrowing charge rates on hold at a 12-year high after inflation fell by more than expected towards the end of 2023. It means the cash rate remains at 4.35 per cent. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-02-06/rba-board-keeps-cash-rate-steady-february-2024/103431110 Most economists are predicting a rate cut this year. But the RBA says … Read more